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Vodafone Idea shares will be in focus on September 19 as the Supreme Court hears its plea against the DoT’s Rs 9,450 crore AGR demand. The telco argues the claim includes duplications and pre-merger liabilities, while the DoT calls it pending account finalisation. The verdict could impact Vodafone Idea’s funding talks and long-term financial strategy.
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A White Marubozu is a bullish candlestick pattern that forms when the opening price is the lowest point of the session and the closing price is the highest.
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John Cockerill India will be in focus on September 19 after winning a major Tata Steel contract to supply a push-pull pickling line and spray roaster–acid regeneration plant at its Jamshedpur Tinplate Division. The scope includes engineering, design, manufacturing, supply, and commissioning, with equipment support from its Taloja facility near Mumbai.
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Waaree Energies’ subsidiary, Waaree Power, is set to acquire a 76% stake in Racemosa Energy, a smart meter manufacturer, for approximately Rs 53 crore. This strategic move will allow Waaree to enhance its renewable energy and power distribution offerings by leveraging Racemosa’s expertise in smart metering solutions. The deal, expected to close in FY 2025-26, is subject to regulatory approvals.
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Despite regulatory scrutiny in India’s equity derivatives market, high-speed trading firms are significantly increasing entry-level pay. Companies like IMC Trading and Quadeye are offering lucrative packages to interns and new hires, driven by the potential for substantial profits.
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